Trump’s Nomination of RFK Jr. to Health Sends Moderna and Pfizer Shares Crashing
Donald Trump's nomination of Robert F. Kennedy Jr. to lead the Department of Health and Human Services has sent Moderna, Pfizer and Novavax shares crashing.
Donald Trump's nomination of Robert F. Kennedy Jr. to lead the Department of Health and Human Services has sent Moderna, Pfizer and Novavax shares crashing.
The stock market may be waking up to the possibility that Pfizer may go bankrupt due to the upcoming Covid vaccine legal claims as its value plummets to below pre-pandemic levels.
Moderna and BioNTech shares both fell to their lowest price in years on Monday as the companies behind the most widely-used mRNA COVID-19 vaccines grapple with investor disappointment with crashing revenues.
Markets have been spooked by the prospect of the severe Shanghai lockdown – now in its fourth week – being extended to Beijing as one district in the city is sealed off following a few dozen positive Covid tests.
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